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If you ditched your car, could you afford to leave the suburbs for a great urban neighborhood? (lemmy.dbzer0.com)
submitted 9 months ago by to c/fuckcars@lemmy.world
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This is the question posed on CityNerd video titled "Walkable Cities But They Keep Getting More Affordable"

If you ditched your car, could you afford to leave the suburbs for a great urban neighborhood?

Ray Delahanty answers the question in the 26 biggest US cities.

The analysis assumes the all-in cost of owning and operating a car is $1,000 per month, including purchase, insurance, fuel, and maintenance.

In the city, transportation costs might total about $250 per month for transit passes, biking, ride-hailing, and other small expenses.

This results in an effective $750 per month increase in the housing budget for city center residents who do not own a car.

The results of the video are quite interesting, as you can get more m² in walkable areas in most cities

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[–] 4 points 8 months ago (1 child)

Bit of both. They’re my best friends, and the way the rent works out it was a cost improvement for all of us. I won’t get into the whole story. We are all mid to late 20s (I’m about to turn 30 😅) and all very far from being able to afford homes of our own. Though even if we did I think it would still be together. None of us want to have kids, so we operate as a family unit with two cats making up for the chaos of not having kids running about.

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  • [–] 3 points 8 months ago

    If you are all friends that at least sounds nice, much better than random roommates just for the rent.

    I can of course sympathize with being far away from being a homeowner myself lol (mid 30s here)

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